Andrei Kostin Quotations

We are now working with the Federal Property Ministry, Finance Ministry, and the government apparatus. I think our proposals will be ready in April.

We are planning a public share offering in the near future, most likely on the Russian market.

We plan to offer a significant number of the shares to members of the public. Interest exists there. The shares will be sold this year and next.

We are currently carrying out IPO work at the ministerial level. I believe we'll submit the IPO proposal to the government in April.

I see 2006 as a year of integration and improvement of our network.

By 2010, we want to gain at least 10% market share in terms of assets and other key indicators.